Property profile

96 State St Augusta, ME 04330

OFF-MARKET
Banks
Property ID
US42-0066977
4,408 SF 0.66 ac lot Built 1990
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional Class A office building, totaling 4,408 square feet, presents a unique investment opportunity in Augusta, Maine. Situated on a prominent 0.66-acre corner lot at a lighted intersection on State Street, just off Western Avenue, this two-story property offers convenient access to the Maine Turnpike via Exit 109. Originally constructed in 1990 as a bank, the building retains its distinctive features, including a drive-thru window, making it ideal for a variety of professional uses. The property boasts ample parking with two on-site surface lots supplemented by on-street spaces. The building is fully vacant, providing immediate occupancy for a single tenant. Inside, you'll find a well-maintained interior ready for customization. The property is zoned BP - Institute/Business/Professional District, ensuring compatibility with a range of professional office uses. Building amenities include elevators and ample power. Its location within a cluster of professional office buildings in downtown Augusta ensures high visibility and accessibility. The property's address is 96 State Street, Augusta, ME 04330, and its APN is Map 33, Lot 176, Kennebec County. This is a rare opportunity to acquire a fully vacant, Class A office building in a desirable Augusta location.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1990
Construction FRAME
Total area 4,408 SF
Lot 0.66 ac (28,680 SF)
APN AUGU M:00033 B:00176 L:00000
UPID US42-0066977

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Mill
  • Law Firm
  • Public Services
  • Bank Loan Service
  • Atm

Location

96 State St Augusta, ME 04330-5610
Augusta metro Census 10300 AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2025
1 recorded transaction
2025
$650,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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